The statement of functional expenses reports expenses by their nature, such as
wages, and... ... The statement of activities is the equivalent of the income
statement ... Although FASB does encourage the preparation of this statement, as
it is ...
Jun 12, 2009 ... No matter what it's called, the statement of financial activities (SOA) ... How do we
expect to end the year and how does that compare to the approved budget? ...
SFE (Statement of Functional Expenses) or P&L by Activity
The Statement of Functional Expense attempts to measure a non profit's
efficiency. ... budgeting, and finance and other management and administrative
activities. ... For example, AIP may differ with a group's decision that the cost of
acquiring ... and which do not just by looking at their Statements of Functional
For the majority of nonprofits, the information can be included either in the
Statement of Activities, Statement of Functional Expenses or Notes to the
the statements stated in the Form 990 differ from those in audited financial ...
However, the accounting equation does not provide information on how or ..... In
the Statement of Activities, the expenses are divided into three functional
Answer (1 of 1): How does the statement of functional expenses differ from the
statement of activities.
Aug 29, 1997 ... Allocation of Cost Related to Joint Fundraising Activities. .... Exhibit 5: Statement
of Activities . ... Exhibit 6: Statement of Functional Expenses. ... Should the
executive director do the overall financial management or do we need a .....
Change in net assets (i.e., difference between income and expense) by net ...
wawomensfoundation.org/sites/default/files/JJ_WBNTK Booklet FINAL2013.pdf
would not enjoy the thriving not-for-profit community we do. As a board member,
you .... The biggest difference is the Net Assets section, which appears where the
... The Statement of Activities shows the results of the organization's financial ....
The Statement of Functional Expenses is only required for voluntary health and.
the related statements of activities, functional expenses and cash flows for the
year then ended. These financial ... financial statements of Fundacion Teleton
Mexamerica as of December 31, 2010, were audited by other .... Actual results
could differ from those ... statements since the services do not require specialized
Other not-for-profit organizations, although not required to do so, are now ...
statements of functional expenses and statements of activities. Refer to ...... used
for allocating costs may differ between types of entities, and may even be